Mini Hong Kong Dollar/US Dollar Futures

Mini Hong Kong Dollar/US Dollar Futures63334421

Description

Hong Kong Dollar/US Dollar Futures

Market Specifications

Trading Screen Product Name
Mini HKD/USD
Trading Screen Hub Name
ICSG
Commodity Code
SHD
Contract Size
HKD 100,000
Currency
USD
Trading Price
US Dollar per Hong Kong Dollar (HKD/USD)
Minimum Price Fluctuation
USD 0.00001 per Hong Kong Dollar (USD 1 per tick)
Last Trading Day
Trading ceases at 11:15 AM Hong Kong time (11:15 AM Singapore time) on the last Hong Kong business day of the contract expiry month. In all cases, such other date as the Exchange specified on its website from time to time may apply instead.
Contract Security
ICE Clear Singapore acts as the central counterparty for trades conducted on ICE Futures Singapore. This enables it to guarantee the financial performance of every contract registered with it by clearing members up to and including exercise and/or settlement.
Settlement
The final settlement price will be equal to the reciprocal of the USD/HKD Spot Rate (rounded to 5 decimal places) reported by Hong Kong’s Treasury Markets Association at approximately 11:30 AM Hong Kong time (11:30 AM Singapore time) on the Last Trading Day.

ICSG will record cash settlement as of the Business Day (as defined in the ICSG rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICSG’s Finance Procedures and its Rules which may affect the timing of such payment.
Daily Margin
All open contracts are marked-to-market daily.
Contract Series
Up to thirteen consecutive calendar months.
Delivery/Settlement Terms
Cash-settled
MIC Code
IFSG
Clearing Venues
ICSG

Trading Hours

CityTradingPre-Open
New York8:00 PM - 6:00 PM*
20:00 - 18:00
7:55 PM
19:55
London1:00 AM - 11:00 PM*
01:00 - 23:00
12:55 AM
00:55
Singapore8:00 AM - 6:00 AM*
08:00 - 06:00
7:55 AM
07:55

*Next Day

Codes

Clearing Admin Name
HKD/USD
Physical
SHD
Logical
SHD
GMI(FC)
R&N A.C.N.